Advice

Can I withdraw PPF from any post office branch?

Can I withdraw PPF from any post office branch?

PPF Withdrawal on Maturity On maturity, you can withdraw the entire corpus. For this, you will have to submit a duly filled Form C at the bank branch or post office where you have your PPF account. The PPF will be terminated thereafter and the corpus will be credited to your bank account.

Is PPF in bank and post office same?

Whether a PPF account is opened in a bank or post office, the scheme features remain the same. Hence, opening a PPF account in both ways is safe and convenient. One should also consider that just like banks, post offices also offer online facilities to access PPF accounts and other government savings schemes.

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Can I deposit cash in PPF account in any branch?

As per an order of the Department of Post, investors can deposit cheques at any non-home branch towards their small savings scheme including Public Provident Fund (PPF), Sukanya Samriddhi Account (SSY), post office Recurring Deposit (RD) and savings account.

Can we withdraw PPF online?

PPF Withdrawal on Maturity When your PPF account matures, you can withdraw the entire corpus including the interest. You can log in to your net banking to find the withdrawal amount and download Form C for withdrawal. After that, you have to fill and sign the form.

How can I withdraw money from post office PPF account?

How to withdraw money from a PPF account? Step 1: Fill in Form C with relevant details. You can download this from your bank or Post Office website or at the branch. Step 2: Submit the form to the bank or Post Office branch where your PPF account is held.

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How can I withdraw PPF amount?

Read on to find details about all the rules on PPF withdrawal, withdrawal before maturity and premature closure. To facilitate complete withdrawal of PPF money, one has to close his or her account at the end of the 15th year by submitting Form C to the post office or bank.

Can I pay PPF online in Post Office?

IPPB provides you online payment facility to your PPF Account. IPPB notifies you for successful payment transfer made through IPPB mobile application. Prerequisites: Customer must have active PPF account with Post Office.